This study aims to analyze the reciprocal influence of oil and gas exports imports to the Indonesian economic growth. Quantitative approach was used to this explanatory research. This study used Generalized Structured Component Analysis as data analysis techniques with six indicators, there are oil export, oil import, gas export, gas import, gross domestic product and income per capita. Each indicator consist of 36 quarterly samples obtained from Indonesia's balance of payment reports published by Bank Indonesia in 2006-2014. The results showed that the imports of oil and gas have significant influence on economic growth, economic growth also has significant influence both on exports and imports of oil and gas. However, there was negative significant influence on exports oil and gas toward economic growth, indicates declining in export volumes.